Sunday, May 22, 2016

Doctor from NYU Langone Pleads guilty


David S. Younger, MD, as noted in a google search
According to the feds, "Preet Bharara, the United States Attorney for the Southern District of New York, and Shantelle P. Kitchen, Special Agent in Charge of the New York Office of the Internal Revenue Service-Criminal Investigation (“IRS-CI”), announced that DAVID S. YOUNGER, a neurologist with a private medical practice in Manhattan, pled guilty today in Manhattan federal court to one count of tax fraud for falsely classifying personal expenses as business expenses attributable to his medical professional corporation.  In total, in 2007 and 2008, YOUNGER falsely classified over $580,000 in expenses.  YOUNGER pled guilty before U.S. District Judge Jed S. Rakoff.
According to the Information and statements made at today’s plea proceeding:
YOUNGER, a resident of Westchester County, is a board-certified neurologist engaged in private medical practice in Manhattan through the David S. Younger M.D., P.C., professional corporation (the “Younger P.C.”).  In 2007 and 2008, Younger filed both personal tax returns on behalf of himself and his wife, and corporate tax returns on behalf of the Younger P.C.  In 2007, YOUNGER used approximately $250,000 of corporate funds to pay personal expenses, and in 2008, YOUNGER used approximately $335,000 of corporate funds to pay personal expenses.  YOUGNER caused all of these expenses falsely to be recorded as business expenses such as medical supplies, office expenses, and professional fees in the books and records of the Younger P.C.  YOUNGER caused these expenses falsely to be deducted from income on tax returns of the Younger P.C., and YOUNGER also fraudulently omitted these personal expenses as income on his personal tax returns.
Among the personal expenses that YOUNGER falsely categorized as business expenses and deducted on his corporate tax returns in 2007 and 2008 are the following:  approximately $100,000 in fees to a private golf and country club, approximately $53,000 in property taxes for YOUNGER’s residence, a $4,300 placement fee for a nanny/housekeeper, approximately $17,000 for the construction of an electric gate at YOUNGER’s residence, $345 for a Mickey Mantle baseball card, approximately $26,000 for the restoration of a piano that was picked up from and delivered to YOUNGER’s residence, approximately $37,000 for a vendor to perform construction work at YOUNGER’s residence, approximately $18,000 for furniture delivered to YOUNGER’s residence, and at least approximately $20,000 of airfare for members of YOUNGER’s family.
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YOUNGER, 61, of Scarsdale, New York, faces a maximum sentence of three years in prison.  As part of his plea agreement, YOUNGER is also required to pay restitution to the IRS.  The maximum potential sentence is prescribed by Congress and is provided here for informational purposes only, as any sentencing of the defendant will be determined by the judge.  YOUNGER is scheduled to be sentenced by Judge Rakoff on September 19, 2016, at 4:00 p.m." See source here...https://www.justice.gov/usao-sdny/pr/westchester-neurologist-pleads-guilty-manhattan-federal-court-tax-fraud-violation
For a few bucks, relatively speaking, this doctor destroyed his career. This man seems brilliant. How can he do such a stupid thing? What was he thinking, that he would never get caught? And, how did the feds find out? The psychology of crime is noted in Yoma 86b where it says that once you start sinning, eventually, you feel as if it is permitted. This also teaches us that no matter how smart we are, we can all fail. We are only human.

What can he expect in Federal prison? Hopefully, at sentencing the Judge will have mercy on him and perhaps he will get probation. However, if he has to do time, this is what he can expect in Federal Prison aka hell on earth...https://www.amazon.com/PRISON-expect-Federal-Bureau-Prisons-ebook/dp/B011GTWLOG
  

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